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Business news highlights

Naivas takes over Nakumatt space in Kisumu with 65th supermarket

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The Naivas Supermarket chain has opened its 65th store in Kisumu County as it seeks to enhance its presence in the lakeside city. Naivas, one...

Civil servants, teachers to take 7.5pc salary cut from January

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More than 530,000 civil servants, including police and teachers, will in January have their take-home pay cut by 7.5 percent as they start contributing...

Safaricom ranks 7th in Fortune’s Change the World List

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Capital Business | by Julie Owino Safaricom has been included in the 2020 Fortune Change the World List which recognizes companies that have had a...

Telcos to pay users for outages in law change

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Business Daily | by Brian Ngugi Mobile phone operators, including Safaricom, Airtel and Telkom Kenya, will compensate businesses and customers when network outages knock out voice,...

Uwezo Fund launches strategic plan

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The Uwezo Fund Oversight Board has unveiled its strategic plan for 2019-23 in a virtual ceremony at its offices in Nairobi. The strategic plan is...

KPC loses fuel in Mombasa-Nairobi pipeline leakage

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Business Daily | by Edwin Okoth A major leakage has occurred on the Mombasa–Nairobi pipeline, leading to the loss of an unknown quantity of fuel. A...

Boost for Kenya Airways as flights to Tanzania take off

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Business Daily | by Gerald Andae Kenya Airways resumed flights to Tanzania yesterday following the lifting of the ban with the carrier banking on the...

600 firms fire staff over Covid-19 challenges

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More than 600 companies have shed jobs since the onset of the Covid-19 crisis in March, a staggering number that employers say could be...